Recent **** yst ratings make Global Payments Inc. (NYSE:GPN) one of the 10 best payment processing stocks to buy now. On June 11, Bryan Bergin from TD Cowen decreased the price target from $86 to $74 on Global Payments Inc. (NYSE:GPN), resulting in a revised upside potential of almost 19%. The **** yst reiterated his Hold rating on the stock.
Bergin mentioned that TD Cowen has revised its model to reflect a more cautious outlook with regard to previously disclosed headwinds, which now appear more likely to occur. He pointed out that despite this cautious short-term adjustment, the company's projections about an expected increase in the second half of 2026 have not changed.
Robert Kneschke/Shutterstock.com
Earlier, on June 3, Susquehanna also reaffirmed its Positive rating on Global Payments Inc. (NYSE:GPN). The firm reduced the price target from $119 to $111, which translates into a revised upside potential of more than 77%.
After a closer look at public transcripts and travel-related **** umptions, the firm changed its estimates. Susquehanna toned down its projections by reducing its growth **** umptions to 3.2% for the second quarter, 5% for the second half, and 4% for the entire year 2026.
Bergin mentioned that TD Cowen has revised its model to reflect a more cautious outlook with regard to previously disclosed headwinds, which now appear more likely to occur. He pointed out that despite this cautious short-term adjustment, the company's projections about an expected increase in the second half of 2026 have not changed.
Robert Kneschke/Shutterstock.com
Earlier, on June 3, Susquehanna also reaffirmed its Positive rating on Global Payments Inc. (NYSE:GPN). The firm reduced the price target from $119 to $111, which translates into a revised upside potential of more than 77%.
After a closer look at public transcripts and travel-related **** umptions, the firm changed its estimates. Susquehanna toned down its projections by reducing its growth **** umptions to 3.2% for the second quarter, 5% for the second half, and 4% for the entire year 2026.
1 month ago